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Technology Stocks : Ascend Communications (ASND)
ASND 212.55+1.2%12:59 PM EST
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To: Noneyet who wrote (15312)9/30/1997 11:37:00 AM
From: pass pass   of 61433
 
Tom, ASND may be nimble and good at selling fancy gadgets, but their management clearly has 0 credibility. Mory Ejabat clearly is no way in the same class as Eric B. (of 3com) and John Chambers (Csco). Till then, this stock will always be a trader's wet dream and never worth long-term investing. The company labels itself as the Internet pioneer but the management behaves like used-car salesman.

How do you value the company fundamentals when the management gives misleading guidance of the future??? Forget about '98 earnings forcast, it means nothing.
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